0 Dakota Sage Way - Development Land, Cleveland TN 1 - 7 Acre Commercial Land Lots Offered at $900,000 - $1,700,000 Per Lot in Cleveland, TN 37312
INVESTMENT HIGHLIGHTS
- Lot Size and Locations to be determined by Buyer's Intended Use with dimensions and final acreage determined by survey.
- Located along Stuart Rd, a key commuter corridor, the property benefits from proximity to I-75, regional shopping centers, and major employers.
- Zoned "Highway Commercial" (CH), the property allows for a wide range of uses including offices, retail, multi-family dwellings, and vehicle sales.
EXECUTIVE SUMMARY
PRICING GUIDANCE follows the CONCEPTUAL LOT LAYOUT:
Lot 1: Corner Lot, 1.33 ac, 245’ frontage on Stuart Rd., 235’ frontage on Dakota Sage Way, $1,700,000
Lot 2: 1.9 ac, 200’ frontage on Stuart Rd, $1,600,000
Lot 3: 1.9 ac, 200’ frontage on Stuart Rd, $1,600,000
Lot 4: 1.0 ac, 185’ frontage on Dakota Sage Way, $900,000
Lot 5: 1.0 ac, 185’ frontage on Dakota Sage Way, $900,000
Lot 6: 3.5 ac, 50’ frontage on Dakota Sage Way, $1,500,000
Lot 7: 7.0 ac, UNDER CONTRACT.
PROPERTY FACTS
7 LOTS AVAILABLE
Lot 7
| Lot Size | 7.00 AC |
Lot 7: 7.0 ac, UNDER CONTRACT.
Lot 1
| Price | $1,700,000 |
| Price Per AC | $1,307,692.31 |
| Lot Size | 1.30 AC |
CONCEPTUAL Lot 1: Corner Lot, 1.33 ac, 245’ frontage on Stuart Rd., 235’ frontage on Dakota Sage Way, $1,700,000
Lot 2
| Price | $1,600,000 |
| Price Per AC | $842,105.26 |
| Lot Size | 1.90 AC |
CONCEPTUAL Lot 2: 1.9 ac, 200’ frontage on Stuart Rd, $1,600,000
Lot 3
| Price | $1,600,000 |
| Price Per AC | $842,105.26 |
| Lot Size | 1.90 AC |
CONCEPTUAL Lot 3: 1.9 ac, 200’ frontage on Stuart Rd, $1,600,000
Lot 4
| Price | $900,000 |
| Price Per AC | $900,000.00 |
| Lot Size | 1.00 AC |
CONCEPTUAL Lot 4: 1.0 ac, 185’ frontage on Dakota Sage Way, $900,000
Lot 5
| Price | $900,000 |
| Price Per AC | $900,000.00 |
| Lot Size | 1.00 AC |
CONCEPTUAL Lot 5: 1.0 ac, 185’ frontage on Dakota Sage Way, $900,000
Lot 6
| Price | $1,500,000 |
| Price Per AC | $428,571.43 |
| Lot Size | 3.50 AC |
CONCEPTUAL Lot 6: 3.5 ac, 50’ frontage on Dakota Sage Way, $1,500,000
DESCRIPTION
See attached image for a CONCEPTUAL LOT LAYOUT of the whole 10.95 acre tract. Six lots are shown with typical frontage and depths to suit the variety of entitled uses allowed in the "CH Zone". PRICING GUIDANCE is based on the concept lot layout. Final Lot size and location may be determined by Buyers intended use and the availability of remaining acreage. Buyer's final selection will be subdivided from the whole with dimensions and acreage determined by survey. Zoning is CH, City of Cleveland's "Highway Commercial" which includes the entitlements found in CN "Neighborhood Commercial", CG "General Commercial", PI "Professional Instructional" and multi-family dwellings allowed in R3 "Multi-family Residential" zones. Uses allowed include: Offices, Banks, Retail, Shopping Centers, Supermarkets, Hotel, Restaurant, Convenience Stores, Vehicle Sales/Rental/Service, Apartment, Condo, Townhomes. Stuart Rd is a corridor for commuters and shoppers connecting between I-75, regional shopping (Bradley Sqare Mall), employment, churches and residences in fast-growing north Cleveland TN. The property is across Stuart Rd from a regional mega-church / school with daily and weekly attendance and an on-going $30M expansion. Cleveland TN is home to national brand manufacturers Whirlpool and Duracell (durable goods), M&M Mars (confections), Wacker Polyciliate (energy generation), Amazon Fulfillment (distribution center), Peyton's Southeast (distribution center). Area uses include Assisted Living, Mega-Church (7k members), Schools, industrial employers, Regional YMCA, Big Box Retail (Lowes, WalMart), Shopping Mall with Hobby Lobby, Burkes Outlet, Grocery (FoodCity, Publix), Veterinary Clinic, Medical, Pharmacy.
